PORTAL Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
| 180 | -0.1396% | -1.70% | +0.0308% | -0.1482% | 2026-09-23 16:00 UTC | |
| 180 | -0.3540% | -4.31% | +0.0050% | -0.1472% | 2026-09-23 16:00 UTC | |
| 180 | -0.4667% | -5.68% | +0.0170% | -0.2118% | 2026-09-23 16:00 UTC | |
| 180 | -0.5606% | -6.83% | +0.0052% | -0.2120% | 2026-09-23 16:00 UTC | |
| 366 | -0.5683% | -3.40% | +0.0050% | -0.0998% | 2026-09-23 16:00 UTC | |
| 180 | -0.5940% | -7.23% | +0.0050% | -0.1819% | 2026-09-23 16:00 UTC | |
| 180 | -0.6121% | -7.45% | +0.0050% | -0.3622% | 2026-09-23 16:00 UTC | |
| 180 | -0.7429% | -9.05% | +0.0050% | -0.1269% | 2026-09-23 16:00 UTC | |
| 180 | -0.8057% | -9.81% | +0.0050% | -0.2132% | 2026-09-23 16:00 UTC | |
| 180 | -0.8103% | -9.86% | +0.0050% | -0.2120% | 2026-09-23 16:00 UTC | |
| 180 | -0.8104% | -9.87% | +0.0050% | -0.2113% | 2026-09-23 16:00 UTC |
What the PORTAL funding rate means
What PORTAL actually paid over the last 30 days: 2,166 settlements across 11 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. KuCoin paid the most over the window at -0.1396% of position size.
A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 75% of the 2,166 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from -0.1396% on KuCoin to -0.8104% on MEXC — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.
Frequently asked questions
- Is the PORTAL funding rate a live quote or an actual payment?
- A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 75% of the 2,166 settlements recorded here.
- Which exchange has paid the most settled PORTAL funding recently?
- KuCoin paid the most over the last 30 days at -0.1396% of position size across 180 settlements, an average annualized rate of -1.70%. This is a sum of actual payments, not a forecast.
- How often is PORTAL funding actually paid?
- Over the last 30 days, ORBIT recorded 2,166 funding settlements for PORTAL across 11 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.